Do the federal and provincial governments offer any financial incentives?
There is funding available for residential solar thermal installations from the Federal and Provincial governments. The federal government’s ecoEnergy Retrofit – Homes program will provide a $1250 rebate for participants who undergo an EcoEnergy Assessment and install a solar thermal system, and the Ontario Ministry of Energy will provide a matching incentive of $1250. The Federal Home Renovation Tax Credit (15% for expenses over $1000 up to $10,000) also applies to solar hot water systems. In total, qualifying households could receive more than $3000 in incentives for a solar thermal installation. The Province of Ontario also offers a provincial sales tax refund on all solar hot water systems installed before Jan. 1, 2010. See the incentives page for more details.
